Bloomberg News

ECB’s Knot Says Government Bond Buying Can’t Be Unlimited

November 02, 2011

Nov. 2 (Bloomberg) -- European Central Bank Governing Council member Klaas Knot said the central bank’s buying of government bonds can’t be “unlimited.”

“There will be a moment that this part of the balance of the Eurosystem, a too big part of the balance is used for this, we’re still far from that moment,” Knot, who also heads the Dutch central bank, told Dutch RTL television today.

To contact the editor responsible for this story: Jurjen van de Pol at jvandepol@bloomberg.net


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